Legal Empowerment

This report analyses the informal working conditions of the poor and the circumstances of marginalized communities across different parts of the world, and subsequently emphasizes the need for balanced strategies of empowerment in a country and it’s economy. Over a course of ten case studies and 7 countries, it details the unfortunate situations emerging in countries in parts of Africa and Asia. The purpose of the report is to identify local restraints to poverty alleviation and then determine if a development intervention has effectively targeted these restraints. The vision behind the study originated from a United Nations Conference on sustainable development in Rio de Janeirio, Brazil. The conclusion of the conference documented and called

Without this chapter, the reader’s basic understanding of the recommendations for policy reform would be unclear and vague. These recommendations are made throughout the report with different case studies hence its imperative to go over this section. Economist Amartya Sen states that development’s ultimate goal is to advance people’s freedoms and capabilities. Legal empowerment stems on this concept by measuring the developing influence not only in economic terms, but also as a right to people. Nearly 4 billion people worldwide are excluded from the rule of law. The points made in this chapter are concise guidelines of what works and why in development interventions that are aimed at legal empowerment for economic and property rights. This section consists of what UNDP wants to apprise readers of through the use of case studies and empirical results. An evidence-based approach is the most effective way to raise awareness of legal empowerment efforts or failures. The overall significance of the report lies in the fact that it creates awareness, although to better the understanding of the impact of social factors on an economy one must understand the ways to implement change. This report’s take on developmental changes and programming can be useful to an individual dealing with policies and restructuring them. While many of the approaches outlined are not new to

With the help of this informative report by UNDP, a student of macroeconomics gains insight on how countless complex factors affect the economy. It reveals the importance of social factors upon sustainable economic growth. For generations monetary policies were focused on increasing the national income, which consequently would lead to economic growth. Economists assumed that the macroeconomic indicator of GDP per capita would signify a country’s welfare. They did not consider that a nation’s welfare couldn’t only be based on the level of income. Economic growth does not automatically lead to social progress. The Social Progress Index (SPI) shows that if we are to tackle problems such as poverty and inequality, economic growth alone is not enough. For example, USA has the 2nd highest GDP but yet they ranked 16th as of 2014. Empowerment strategies are necessary for those with limited resources and limited avenues to economic opportunities. Sometimes there are social or cultural factors that hold back a country’s economy, where the overall productivity of the country can suffer. Macroeconomics teaches you to correlate factors that affect the growth of a country, hence correlation between the factors measuring social wellness and economic growth should be done by analyzing financial, political, cultural, legislative aspects and so on. This report makes you spot the significance of survey data and an